Orange Ventures returned in a round that boosted the digital payment technology producer's overall funding to $106m.

South Africa-based digital payment technology provider Yoco has secured $83m in series C funding from investors including Orange Ventures, a corporate venture capital subsidiary of telecommunications firm Orange.

Dragoneer Investment Group, Breyer Capital, HOF Capital, The Raba Partnership, 4DX Ventures, TO Ventures, Partech, Velocity Capital Fintech Ventures and Quona Capital also took part in the round together with unnamed private investors.

Yoco provides a card machine that enables small merchants to accept digital payments, in addition to a payment gateway…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.